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20100901
20100930
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periodically. i think it is fair to say that after this recession that began in 2007 p us very deep in the hole, it is going to b e a long battle to get out of that deep of a recession so we have had positive private sector j growth for 8 months but i don't think the unemployment rate will be coming down significantly any time in the near future. >> chris: do you think it will be -- it is nowen 9.6%. end of this year? >> look, i try to stay out of ecasting gamesfor other than our official forecasts. i think it is clear that the labor market is significantly weakened, has been for some time. we have to do everything we can to create jobs and get people back to work. >> chris: could it be 10% by thend of the year? goi >> i'm not going to speculate. we have specific forecasts and we will release them when they come out. >> chris: but you don't expect it to do down appreciably. >> i don'txpect it to go down appreciably. >> chris: the report expectd that gdp would be 3% this year. in the second quarter it already dropped to 1.6%. what is the forecast now for the second half of this year? >> well, as
Search Results 0 to 1 of about 2 (some duplicates have been removed)